{
  "id": 8105338,
  "title": "FCC Approves Paramount-Warner Bros. Merger Foreign Investment",
  "url": "https://urgent.news/2026/09/17/fcc-approves-paramount-warner-bros-merger-foreign-investment",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-17T21:07:58.000Z",
  "source": {
    "name": "TheWrap",
    "slug": "thewrap",
    "url": "https://www.thewrap.com/industry-news/deals-ma/fcc-paramount-warner-bros-merger-foreign-investment-approved/"
  },
  "original_language": "en",
  "account": "On Thursday, the FCC granted the Paramount-Warner Bros. Discovery merger's request for foreign investors to hold a stake exceeding 25% of the combined company's equity. The foreign investment, led by a group of sovereign wealth funds from the Middle East, includes Saudi Arabia’s Public Investment Fund, United Arab Emirates’ L’imad Holding Company, and the Qatar Investment Authority. These entities will collectively own 49.5% of the non-voting equity in Paramount while three Middle Eastern sovereign wealth funds have control of 38.5% of that stake. Additionally, other foreign equity owners like RedBird Capital Partners and entities that acquired Paramount’s Class B stock hold 5.8% and 5.2% of the total, respectively. The FCC approved the merger despite ongoing litigation involving state attorneys general and the Writers Guild of America, with the trial set for March. Paramount will pay a $7 million per day ticking fee of $650 million per quarter during the delay, which will begin from October 1, 2025, until the trial outcome. The deal remains on hold, and if it does not close due to regulatory concerns, Paramount will pay Warner Bros. Discovery a $7 billion termination fee.",
  "summary": "The agency approved a request for foreign investors to indirectly hold a stake in excess of 25% in the aggregate The post FCC Approves Paramount-Warner Bros. Merger Foreign Investment appeared first on TheWrap .",
  "key_points": [
    "FCC approves Paramount-Warner Bros. merger for foreign investment",
    "Middle Eastern sovereign wealth funds control 38.5% of Paramount stake",
    "Merger faces litigation and trial set for March"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Deadline",
        "title": "Paramount-Warner Bros. Discovery Merger Clears FCC Foreign Ownership Review",
        "url": "https://urgent.news/2026/09/17/paramount-warner-bros-discovery-merger-clears-fcc-foreign-ownership",
        "published": "2026-09-17T21:07:05.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}